Boosting Green Hydrogen Production: MNRE's Exemption for Renewable Energy Plants in India
Key Ideas
- MNRE exempts renewable energy power plants in SEZs and EOUs from ALMM and RLMM requirements for supplying green hydrogen production units.
- The exemption aims to facilitate swift growth in green hydrogen production by reducing regulatory hurdles and costs for solar PV modules and wind turbines.
- India aims to enhance manufacturing and research capabilities in green hydrogen to meet global demand and achieve sustainability goals by 2030.
The Ministry of New and Renewable Energy (MNRE) in India issued an exemption on May 27, 2024, for renewable energy power plants situated in Special Economic Zones (SEZ) or Export Oriented Units (EOU) from Approved List of Models and Manufacturers (ALMM) and Revised List of Models and Manufacturers (RLMM) requirements. This exemption applies to plants supplying energy exclusively to green hydrogen production units within SEZs or EOUs. It aims to streamline processes, reduce costs, and accelerate green hydrogen production. Challenges like high production costs and operational expenses can be addressed with targeted policies and incentives. By 2030, global hydrogen demand is expected to rise, prompting India to enhance its green hydrogen capabilities. Financial support from European and Asian banks is crucial for India to lead in the green hydrogen market. The MNRE's decision supports sustainability goals, eases regulatory burdens, and promotes renewable energy adoption for a greener future.
Topics
Certification
Renewable Energy
Sustainability
Government Policy
Energy Transition
Economic Development
Manufacturing Standards
Latest News